© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2023
A. OkungbowaSAP S/4HANA Financial Accounting Configurationhttps://doi.org/10.1007/978-1-4842-8957-0_5

5. Creating a General Ledger (G/L)

Andrew Okungbowa1  
(1)
New Addington, UK
 

In this chapter, we will be looking at how to create G/L Accounts, use Line items, and open item management in G/L Account.

At the end of this chapter, you will be able to:
  • Explain what a general ledger is.

  • Describe what a master record is.

  • Create a G/L account master record.

  • Use a template to copy a G/L account.

General Ledger

General Ledger Accounts comprises the Chart of Accounts section and Company Code section. G/L Account is created in the chart of accounts and further configurations ...

Get SAP S/4HANA Financial Accounting Configuration: Learn Configuration and Development on an S/4 System now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.